KLAC
KLA Corporation
$269.16
▲ 3.7%Updated Today 7:15 PM ET
▲ Up 197.9% over the last 12 months
Market Cap
$339.06B
P/E
72.59x
Forward P/E (est.)
56.54x
ROE
89.1%
Revenue Growth
13.4%
EPS Growth
28.4%
Profit Margin
35.7%
FCF Yield
10.7%
Debt / Equity
1.25x
ROIC
5.0%
Interest Coverage
2.6x
Current Ratio
3.03x
Dividend Yield
3.6%
Implied Growth (rev. DCF)
7.8%
Rating Score
69/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what KLAC's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. KLAC trades near $269.16, above its 50-day average ($193.73) and 200-day average ($144.41). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 73 it is overbought — the recent rally is stretched and can cool off.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. KLAC's is $17.90 (~6.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month KLAC found buyers near $182.32 (support) and sellers near $267.17 (resistance); its 52-week range is $83.22–$267.17. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 2.0× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
KLA Corporation (KLAC) is a mega-cap company in the Semiconductor Materials & Equipment industry, part of the Information Technology sector of the S&P 500, with a market value around $339.06B.
In its latest reported year it generated about $12.16B in revenue and $4.06B in net profit.
Our model rates KLAC Favorable (69/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
15.1%
Revenue moved from $6.92B in 2021 to $12.16B in 2025, a 15.1% compound annual growth rate. The most recent year grew a steady 13.4% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
61.5%
Operating Margin
41.7%
Net Margin
33.4%
ROE
89.1%
KLA Corporation keeps about 35.7% of each sales dollar as net profit, with a 61.5% gross margin and 41.7% operating margin. Return on equity is 89.1% and return on invested capital about 5.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$5.89B
Net Debt
$4.10B
Net Debt / EBITDA
—
Debt / Equity
1.25x
Leverage: debt-to-equity is 1.3x, and operating profit covers interest about 2.6x, with a current ratio of 3.0x. That is a moderate, manageable debt load for most businesses. It carries roughly $5.89B of total debt against $1.79B of cash.
Operating CF
$4.08B
Free Cash Flow
$3.75B
FCF Margin
30.8%
In the latest year KLA Corporation produced about $4.08B of operating cash flow and $3.75B of free cash flow after capital spending. That is a free-cash-flow yield of about 10.7% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
72.59x
P/S
25.5x
P/B
27.61x
EV / EBITDA
—
KLAC trades at 72.6x trailing earnings (about 56.5x on estimated forward earnings), 25.5x sales, and 27.6x book value. Reverse-engineering today's price implies the market expects roughly 7.8% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How KLAC stacks up against its Information Technology peers — valuation, profitability, and growth versus the sector median.
In the Information Technology sector (72 S&P 500 companies), KLAC ranks #20 of 72 by our overall rating. It trades at a premium versus the sector on earnings (72.6x P/E vs. 35.6x median) with a higher return on equity (89.1% vs. 25.6%) and slower revenue growth (13.4% vs. 17.4%).
P/E vs sector
72.6x
median 35.6x
ROE vs sector
89.1%
median 25.6%
Growth vs sector
13.4%
median 17.4%
Sector rank
#20
of 72 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Information Technology companies by sub-industry and size. Sector median is across all 72 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$2,489.55 – $4,130.39
vs. $269.16 today · expected CAGR 56% – 73%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $13.74B | $15.52B | $17.54B | $19.82B | $22.40B |
| Net income | $4.53B | $5.12B | $5.79B | $6.54B | $7.39B |
| EPS | $34.70 | $39.21 | $44.31 | $50.07 | $56.58 |
| Share price (low) | $1,526.89 | $1,725.38 | $1,949.68 | $2,203.14 | $2,489.55 |
| Share price (high) | $2,533.24 | $2,862.57 | $3,234.70 | $3,655.21 | $4,130.39 |
| CAGR (low–high) | 467% / 841% | 153% / 226% | 93% / 129% | 69% / 92% | 56% / 73% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for KLAC:
- Revenue is growing 13.4% a year, a sign of real demand.
- High net margins (35.7%) point to pricing power or efficiency.
- Strong return on equity (89.1%) shows capital is put to work well.
- Healthy free-cash-flow yield (~10.7%) funds buybacks and dividends.
- Pays a 3.6% dividend on top of any price gains.
- Our model's overall read is Favorable (69/100).
The case against KLAC:
- Interest coverage is thin (2.6x), so debt costs bite.
- A rich 72.6x earnings multiple prices in a lot of growth.
Valuation risk — at 72.6x earnings, disappointing results could compress the multiple.
Balance-sheet risk — debt/equity of 1.3x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: KLA Corporation is a mega-cap information technology business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 72.6x earnings, which our model scores Favorable (69/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.